Wuxi Rural Commercial Bank Co.,Ltd.’s Net Profit Rose 15.9% in First Three Quarters of 2023

Wuxi Rural Commercial Bank Co.,Ltd. (无锡农村商业银行股份有限公司) (600908.SH) reported a net profit of 1.7 billion yuan in the first three quarters of 2023, up 15.9% year-on-year.

Meanwhile, the company posted 3.5 billion yuan in revenue, up 0.9% year-on-year.

At the end of the reporting period, it had 233.4 billion yuan in total assets and 212.5 billion yuan in total liabilities, with a liability-to-asset ratio of 91.1%.